Border Creek Beauty

We are excited about our latest listing in Border Creek, a wonderful 3 bedroom home with HUGE bonus and upgrades galore. Click here for a photo tour of 322 Quick Silver Dr.!

Another GREAT post from KCMBlog! Based on prices, mortgage rates and soaring rents, there may have never been a better time in real estate history to purchase a home than right now. Here are five major reasons purchasers should consider buying: Supply Is Shrinking With inventory declining in many regions, finding a home of your dreams may become more difficult going forward. There are buyers in more and more markets surprised that there is no longer a large assortment of houses to choose from. The best homes in the best locations sell first. Don’t miss the opportunity to get that ‘once-in-a-lifetime’ buy. Price Increases Are on the Horizon Prices were expected to bounce along the bottom this winter. However, many pricing indices (examples: CoreLogic, FHFA, LPS, Case Shiller) are reporting that prices are continuing to rise. Rents Are Skyrocketing Rents historically increase by 3.2% on an annual basis. A study issued earlier this year projects rent increases of 4% for the next two years. Trulia recently reported that rents this year have actually shot up by 5.4%. Interest Rates Are Projected to Rise The Mortgage Bankers Association has projected that the 30-year mortgage interest rate will be 4.4% by the end of 2013. That is an increase of approximately one full point over current rates. Buy Low, Sell High We would all agree that, when investing, we want to buy at the lowest price possible and hope to sell at the highest price. Housing can create family wealth as long as we follow this simple principle. Today, real estate is selling ‘low’. It’s time to buy.

Why You Should Use a Realtor...

Home sellers are more than twice as likely to get their homes sold if they use a Realtor®, rather than trying to sell their home on their own, according to a new survey conducted by HomeGain of 400 home owners nationwide from July 31 to Aug. 10. Seventy-three percent of the home owners surveyed said they used a Realtor®. On the other hand, 21 percent of those surveyed said they tried to sell their home themselves. The survey found that 66 percent of the home owners who used a Realtor® were able to successfully sell their home compared to 30 percent of for-sale- by-owners. What’s more, the survey found that 22 percent of the for-sale-by-owners eventually decided to use a Realtor® to try to sell their home. More than half of those who did were then able to sell their homes too, the survey found. “The value of a Realtor® in a real estate transaction is made strikingly apparent in our 2012 FSBO verses Realtor ® survey of home sellers,” says Louis Cammarosano, general manager of HomeGain. “A qualified Realtor ® understands the dynamics of the market and can better assist home sellers in the pricing and preparation of their homes for sale.” Source: HomeGain Thank you Tina Shields with Allen Tate Mortgage for passing on this useful info!

Fabulous Family Home Open Sunday 2-4!

440 Ashbry Run in Meadowlark Glen in Winston-Salem will be open this Sunday from 2-4. This wonderful home features main level practicality with a valuable 3 car garage on main, screened in porch, and walking path to the local elementary school! The upper level features a full bedroom, large bonus room, AND full bath - perfect for guests, teens, etc. Priced at $324,900, this gem is freshly painted and ready for your special touch!